Mitsubishi Aircraft inks 100-jet deal

Mitsubishi Aircraft said Thursday it has signed a deal with U.S.-based SkyWest for 100 jets worth $4.2 billion, with an option to buy another 100 planes.

The company issued a statement saying it expects to deliver the first batch of planes in 2017, while the optional order could be delivered starting in 2021.

“Without a doubt, this is a major order and significant boost for the MRJ (Mitsubishi Regional Jet) program,” Mitsubishi Aircraft chief Hideo Egawa said.

“SkyWest believes the MRJ with its significant advancements in fuel economy, passenger comfort and environmental friendliness, will be a valued addition to our fleet,” said SkyWest President Bradford Rich.

The Japanese firm’s 70-90 seat regional jets are touted as having a next-generation design that is fuel-efficient and cuts down on noise.